$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

$1.25 Trillion Musk Merger, UK Fears ‘Made in Europe’, Reform’s First Big Test

Your morning briefing. All the news you need to start your day

On today's podcast:

(1) Elon Musk is combining SpaceX and xAI in a deal that values the enlarged entity at $1.25 trillion, as the world’s richest man looks to fuel his increasingly costly ambitions in artificial intelligence and space exploration.

(2) Documents released by the US Department of Justice appear to show that Britain’s Peter Mandelson leaked sensitive government information to disgraced financier Jeffrey Epstein while serving as a minister.

(3) France’s parliament adopted a budget for 2026 after Prime Minister Sebastien Lecornu survived two no-confidence votes Monday, bringing the curtain down on months of political upheaval that’s rattled investor confidence in the country.

(4) The UK government is increasingly concerned that more protectionist policies pursued by the European Union could exclude British companies from supply chains in key sectors, derailing a reset in post-Brexit relations and potentially costing firms billions of pounds.

(5) President Donald Trump said he would roll back punitive tariffs on India in return for an agreement that Prime Minister Narendra Modi would stop buying Russian oil, easing months of tension between the two countries.

Podcast Conversation: From New York to London, There's Now a Martini on Every Menu

Here's Why Outer Space Is the Next Frontier For Data Centers

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Alphabet's CEO's China AI Warning, Hunt's Hardest Task & Rates Vs Yields

Alphabet's CEO's China AI Warning, Hunt's Hardest Task & Rates Vs Yields

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Gaza Hospital Raid Weapons Claims & China's President Doesn't Want A 'Hot War'

Gaza Hospital Raid Weapons Claims & China's President Doesn't Want A 'Hot War'

Your morning briefing, the business news you need in just 15 minutes.On today's podcast:(1) President Xi Jinping said China wants to be friends with the US and said his nation won't fight a war with a...

16 Nov 202316min

Israel Raids Gaza's Biggest Hospital, Dimon & Griffin's Inflation Warning

Israel Raids Gaza's Biggest Hospital, Dimon & Griffin's Inflation Warning

Your morning briefing, the business news you need in just 15 minutes. On today’s podcast: (1) Israeli troops entered Gaza's Shifa hospital compound as part of a "precise and targeted operation" agains...

15 Nov 202314min

David Cameron's 2nd Act, Fentanyl Diplomacy & JP Morgan's Big Commodities Call

David Cameron's 2nd Act, Fentanyl Diplomacy & JP Morgan's Big Commodities Call

Your morning briefing, the business news you need in just 15 minutes.  On today's podcast:1)   David Cameron’s appointment as British foreign secretary has provoked criticism of the former premier’s w...

14 Nov 202316min

Gaza Hostage Talks, Dramatic House Price Drop & A £262 Billion Reckoning

Gaza Hostage Talks, Dramatic House Price Drop & A £262 Billion Reckoning

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Senior officials in Israel and the US suggested that talks on securing the release of Hamas-held hostages a...

13 Nov 202316min

Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown

Daybreak Weekend: Biden Prepares for Xi Meeting, Inflation Data, Government Shutdown

Bloomberg Daybreak Weekend with Tom Busby takes a look at some of the stories we'll be tracking in the coming week.1) We preview this week's upcoming CPI and PPI data 2) The Dubai Airshow kicks off th...

11 Nov 202334min

World Biggest Bank Hacked, Powell's Rate Caution & Airlines Skirt Warzones

World Biggest Bank Hacked, Powell's Rate Caution & Airlines Skirt Warzones

Your morning briefing, the business news you need in just 15 minutes. On today's podcast: (1) On Thursday, trades handled by the world's largest bank in the globe's biggest market traversed Manhattan ...

10 Nov 202315min

Hillary Clinton Talks Geopolitics, Meloni's Big Year & Morgan Stanley Scrutiny

Hillary Clinton Talks Geopolitics, Meloni's Big Year & Morgan Stanley Scrutiny

Your morning briefing, the business news you need in just 15 minutes. On today's podcast:(1) Israel said about 50,000 Palestinians fled to southern Gaza as the army pushed deeper into Hamas stronghold...

9 Nov 202316min

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